Reported on November 28th, according to the documents disclosed by the Hong Kong Stock Exchange on November 28th, China Life Insurance Company Limited increased its shareholding in Hong Kong dollars by an average of 3.1725 per share on November 28th.$DYNAGREEN ENV (01330.HK)$0.8 million H shares, valued at approximately 2.538 million Hong Kong dollars, were held by China Life Insurance Company Limited. After the increase, China Life Insurance Company Limited's latest number of shares held is 0.11 billion shares, with a warehouse ratio rising from 26.93% to 27.13%.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.